Key Components of a Business Plan
Writing a business plan is a big task, and no two business plans are alike. But almost all effective plans include the following major elements. As you write your business plan, come back to this list [more…]
Five Ways to Ensure an Effective Business Plan
No matter whether you’re a new or existing business, effective business planning is essential. Not only do you need to put time into the planning process, but you need to involve the right people as well [more…]
Evaluating Your Business Plan
Great business ideas can come from anyone anywhere in your company. Each time you review and revise your business plan, actively solicit suggestions and ideas throughout your company. Consider asking employees [more…]
Attributes of a Winning Business Idea
Before you can have an effective business plan, you must have a great business idea. An effective business plan can help turn a good business idea for a company into a great one. Ask yourself these questions [more…]
Business Plans Kit For Dummies Cheat Sheet
The best way — make that the only way — to achieve business success is to have a solid business plan. A business plan is critical to finding a successful course through turbulent times. You need to take [more…]
Goals and Models for Your Online Business
The place to start with your online business is to indulge in some brainstorming. Envisioning the type of business you want to operate is a creative way of asking the all-important questions: Why do I [more…]
How to Make a Great Business Plan
Got a great business idea but struggling to get your business plan together? Follow these tips to make your business plan stand out from the crowd: [more…]
Can Your Business Make Money?
Even with the most thorough of market research and the best business plan in the world, you’re not on to a winner unless your business idea can bring in the pennies. You need to establish: [more…]
Selecting a Distribution Channel for your Business
Customers are what you need to make your money. If your customers don’t come to you, then you have the following options for getting your product or service to them: [more…]
Reasons to Outsource in Business
There are plenty of great reasons to outsource your work load. Take a look at this quick list to see how outsourcing can benefit you and your business: [more…]
How to Avoid Franchising Legal Pitfalls
If you’re considering starting a franchise, or already have, remember to do your homework regarding franchise law. You don’t want to get stuck in a franchise agreement without knowing the facts and where [more…]
Managing Your Personal Life as a Franchisee
Starting a franchise is hard work and the pressure can sometimes affect you and your family. The support of your loved ones is important so put time aside to spend with your family. Remember that you have [more…]
Franchising For Dummies Cheat Sheet
If you’re starting a franchise, you'll want to study your franchise agreement and understand the laws that protect both you and the franchisor. Once your franchise is running, make sure you network with [more…]
Tips for Controlling Your Business Cash
If keeping the books is your responsibility, the good news is that you can implement the following function separations to control your business cash much more easily: [more…]
Starting a Business Cheat Sheet (UK Edition)
Got a great business idea and fancy your chances of turning it into a money-making reality? Use the practical advice in this cheat sheet to get to grips with market research, taxes and perfecting your [more…]
How to Organize Your Small Business Records
Dealing with the paperwork is a large part of running a small business. The following table suggests essential file drawers to label in an actual file cabinet or two and what must-keep information to file [more…]
Differences between C and S Corporations for a Small Business
A corporation is a separate legal entity formed under a state corporation law. Your small business can register as a C corporation or an S corporation if you go the corporation route, which you may want [more…]
Key Sections of a Small Business Plan
If you want investors for your small business, you need to write a business plan so that you have something to present to bankers and potential investors. The format of every good business plan, although [more…]
Small Business Kit For Dummies Cheat Sheet
Owning and running a small business calls for a variety of skills, perhaps foremost among them organizational. If you’re going to incorporate your business, you need to explore the differences between [more…]
Giving Your Limited Liability Company a Great Name
You can’t expect to pick a great name for your LLC (Limited Liability Company) out of thin air. Creativity is best served when subject to a few helpful restrictions. The following are a few naming rules [more…]
Reviewing Tax Types for Limited Liability Companies
Because LLCs (limited liability companies) are allowed to elect pretty much any tax status that suits them, the federal returns, information statements, and notices that they are required to file each [more…]
The Amazing Benefits of Limited Liability Companies
LLCs, or limited liability companies, are one of the most flexible business entities. They allow you to choose how to distribute the profits, decide who manages the business’s day-to-day affairs, and decide [more…]
Limited Liability Companies For Dummies Cheat Sheet
Limited Liability Companies, or LLCs, are a business entity that you can think of as a merger of the partnership and the corporation with all the good qualities of each and none of the bad. This type of [more…]
Determining If You Have the Small Business Personality
If you’re thinking about starting your own company, stop and check whether you have the right personality to run a small business before you start. If you want to be an entrepreneur, you’ll need to have [more…]
Five Great Web Sites for Setting Up a Canadian Small Business
The Internet provides a wealth of great Canadian resources to help you start, run, and carry on your small business. The following Web sites may be particularly helpful to you. [more…]
